MMS was trading at $18.6 before this news with moving averages at $16ish
According to these articles only around 30% of the revenue stream (may) be affected which equates to a fair value of
$18.6 to $13 = 30% drop
instead a massive
$18.6 to $8.8 = 52.5% drop occurred today from highs
Not only is it already oversold from (margin calls, stop losses and lack of understanding ) but these changes won't even be implemented if the coalition wins the election so from current price it's a win/win situation IMO
$11-$12 should be very achievable in next couple days
http://www.businessspectator.com.au/article/2013/7/25/automotive/bet-election-trade-mcmillan?utm_source=exact&utm_medium=email&utm_content=361604&utm_campaign=kgb&modapt=
http://www.businessspectator.com.au/article/2013/7/25/industries/all-mcmillan-shakespeare
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Last
$17.40 |
Change
0.050(0.29%) |
Mkt cap ! $1.208B |
Open | High | Low | Value | Volume |
$17.36 | $17.47 | $17.34 | $241.5K | 13.90K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 210 | $17.39 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.41 | 316 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 212 | 17.390 |
3 | 230 | 17.380 |
5 | 781 | 17.370 |
4 | 438 | 17.360 |
6 | 5434 | 17.350 |
Price($) | Vol. | No. |
---|---|---|
17.410 | 310 | 8 |
17.420 | 369 | 4 |
17.430 | 461 | 5 |
17.440 | 590 | 6 |
17.450 | 585 | 4 |
Last trade - 10.40am 30/07/2024 (20 minute delay) ? |
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